Industry: Machinery & Equipment
Published Date: 2025-03-28
Pages: 174 Pages
Report ld: 4672758
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Power Inverter Market Size(US$)

CAGR 2025-2031
4.8%
Market Size,2031
USD 314
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
In 2024, the global market size of Power Inverter was estimated to be worth US$ 227 million and is forecast to reach approximately US$ 314 million by 2031 with a CAGR of 4.8% during the forecast period 2025-2031.
A power inverter, or inverter, is an electronic device or circuitry that changes direct current (DC) to alternating current (AC). This Report is aimed at the portable power inverter market. This report mainly covers non-embedded inverters – largely for the lower-end 12/24/48V devices that would be used to invert DC to AC for power tools, appliances, TVs, computers, etc., and the inverter/charger market in the same sort of categories.
Global Power Inverter key players include NFA, Bestek, Rally, Cobra, Duracell, etc. Global top five manufacturers hold a share over 70%. China is the largest market, with a share over 45%, followed by North America and Europe, total have a share about 40 percent. In terms of product, 12V is the largest segment, with a share about 80%. And in terms of application, the largest application is Car Appliances, followed by Outdoor Application.
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Power Inverter, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Power Inverter.
The Power Inverter market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Power Inverter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Power Inverter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and regions.
By Company
Bestek
NFA
Cobra
Kisae Technology
Rally
Energizer
Duracell
Meind
Stanley
Exeltech
Cotek
Samlex
Power Bright
Go Power
Wagan Tech
Magnum Energy
WEHO
Erayak
Segment by Type
12V
24V
48V
48V and above
Segment by Application
Car Appliances
Outdoor Application
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Sales (consumption), revenue of Power Inverter in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 3: Detailed analysis of Power Inverter manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Power Inverter sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 13: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 14: Research Findings and Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
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TABLE OF CONTENTS
1 Study Coverage
1.1 Power Inverter Product Introduction
1.2 Market by Type
1.2.1 Global Power Inverter Market Size Growth Rate by Type (2020 VS 2024 VS 2031)
1.2.2 12V
1.2.3 24V
1.2.4 48V
1.2.5 48V and above
1.3 Market by Application
1.3.1 Global Power Inverter Market Size Growth Rate by Application (2020 VS 2024 VS 2031)
1.3.2 Car Appliances
1.3.3 Outdoor Application
1.3.4 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Power Inverter Market Size Estimates and Forecasts
2.1.1 Global Power Inverter Revenue 2020-2031
2.1.2 Global Power Inverter Sales 2020-2031
2.2 Power Inverter Market Size by Region: 2024 Versus 2031
2.3 Power Inverter Sales by Region (2020-2031)
2.3.1 Global Power Inverter Sales by Region: 2020-2025
2.3.2 Global Power Inverter Sales Forecast by Region (2026-2031)
2.3.3 Global Power Inverter Sales Market Share by Region (2020-2031)
2.4 Power Inverter Market Estimates and Projections by Region (2026-2031)
2.4.1 Global Power Inverter Revenue by Region: 2020-2025
2.4.2 Global Power Inverter Revenue Forecast by Region (2026-2031)
2.4.3 Global Power Inverter Revenue Market Share by Region (2020-2031)
3 Market Segments
3.1 Breakdown Data by Type
3.1.1 Global Power Inverter Sales by Type (2020-2031)
3.1.1.1 Global Power Inverter Sales Volume by Type (2020-2031)
3.1.1.2 Global Power Inverter Sales Market Share by Type (2020-2031)
3.1.2 Global Power Inverter Revenue by Type (2020-2031)
3.1.2.1 Global Power Inverter Revenue by Type (2020-2031)
3.1.2.2 Global Power Inverter Revenue Market Share by Type (2020-2031)
3.1.3 Power Inverter Average Selling Price (ASP) by Type (2020-2031)
3.2 Breakdown Data by Application
3.2.1 Global Power Inverter Sales by Application (2020-2031)
3.2.1.1 Global Power Inverter Sales Volume by Application (2020-2031)
3.2.1.2 Global Power Inverter Sales Market Share by Application (2020-2031)
3.2.2 Global Power Inverter Revenue by Application (2020-2031)
3.2.2.1 Global Power Inverter Revenue by Application (2020-2031)
3.2.2.2 Global Power Inverter Revenue Market Share by Application (2020-2031)
3.2.3 Power Inverter Average Selling Price (ASP) by Application (2020-2031)
3.3 by Type and by Application Crossing Analysis
3.3.1 12V of Power Inverter Revenue Market Share by Application
3.3.2 24V of Power Inverter Revenue Market Share by Application
3.3.3 48V of Power Inverter Revenue Market Share by Application
3.3.4 48V and above of Power Inverter Revenue Market Share by Application
4 Global Power Inverter by Manufacturers
4.1 Global Top Power Inverter Manufacturers by Sales (2020-2025)
4.1.1 Global Power Inverter Sales by Manufacturer (2020-2025)
4.1.2 Global Power Inverter Sales Market Share by Manufacturer (2020-2025)
4.2 Global Top Power Inverter Manufacturers by Revenue (2020-2025)
4.2.1 Global Power Inverter Revenue by Manufacturer (2020-2025)
4.2.2 Global Power Inverter Revenue Share by Manufacturer (2020-2025)
4.3 Global Power Inverter Price by Manufacturer (2020-2025)
4.4 Competitive Landscape
4.4.1 Key Power Inverter Manufacturers Covered: Ranking by Revenue
4.4.2 Global Power Inverter Market Concentration Ratio (CR5 and HHI) & (2020-2025)
4.4.3 Global Power Inverter Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.5 Global Power Inverter Manufacturing Base Distribution, Product Type
4.5.1 Power Inverter Manufacturers Manufacturing Base Distribution, Headquarters
4.5.2 Date of International Manufacturers Enter into Power Inverter Market
4.5.3 Manufacturers Power Inverter Product Type and Application
4.5.4 12V Market Sales of Power Inverter by Manufacturer
4.5.5 24V Market Sales of Power Inverter by Manufacturer
4.5.6 48V Market Sales of Power Inverter by Manufacturer
4.5.7 48V and above Market Sales of Power Inverter by Manufacturer
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
5 Company Profiles
5.1 Bestek
5.1.1 Bestek Company Information
5.1.2 Bestek Description, Business Overview
5.1.3 Bestek Power Inverter Products Offered
5.1.4 Bestek Power Inverter Sales, Revenue and Gross Margin (2020-2025)
5.1.5 Bestek Power Inverter Sales by Product in 2024
5.1.6 Bestek Power Inverter Sales by Application in 2024
5.1.7 Bestek Power Inverter Sales by Geographic Area in 2024
5.1.8 Bestek Recent Developments
5.2 NFA
5.2.1 NFA Company Information
5.2.2 NFA Description, Business Overview
5.2.3 NFA Power Inverter Products Offered
5.2.4 NFA Power Inverter Sales, Revenue and Gross Margin (2020-2025)
5.2.5 NFA Power Inverter Sales by Product in 2024
5.2.6 NFA Power Inverter Sales by Application in 2024
5.2.7 NFA Power Inverter Sales by Geographic Area in 2024
5.2.8 NFA Recent Developments
5.3 Cobra
5.3.1 Cobra Company Information
5.3.2 Cobra Description, Business Overview
5.3.3 Cobra Power Inverter Products Offered
5.3.4 Cobra Power Inverter Sales, Revenue and Gross Margin (2020-2025)
5.3.5 Cobra Power Inverter Sales by Product in 2024
5.3.6 Cobra Power Inverter Sales by Application in 2024
5.3.7 Cobra Power Inverter Sales by Geographic Area in 2024
5.3.8 Cobra Recent Developments
5.4 Kisae Technology
5.4.1 Kisae Technology Company Information
5.4.2 Kisae Technology Description, Business Overview
5.4.3 Kisae Technology Power Inverter Products Offered
5.4.4 Kisae Technology Power Inverter Sales, Revenue and Gross Margin (2020-2025)
5.4.5 Kisae Technology Power Inverter Sales by Product in 2024
5.4.6 Kisae Technology Power Inverter Sales by Application in 2024
5.4.7 Kisae Technology Power Inverter Sales by Geographic Area in 2024
5.4.8 Kisae Technology Recent Developments
5.5 Rally
5.5.1 Rally Company Information
5.5.2 Rally Description, Business Overview
5.5.3 Rally Power Inverter Products Offered
5.5.4 Rally Power Inverter Sales, Revenue and Gross Margin (2020-2025)
5.5.5 Rally Power Inverter Sales by Product in 2024
5.5.6 Rally Power Inverter Sales by Application in 2024
5.5.7 Rally Power Inverter Sales by Geographic Area in 2024
5.5.8 Rally Recent Developments
5.6 Energizer
5.6.1 Energizer Company Information
5.6.2 Energizer Description, Business Overview
5.6.3 Energizer Power Inverter Products Offered
5.6.4 Energizer Power Inverter Sales, Revenue and Gross Margin (2020-2025)
5.6.5 Energizer Power Inverter Sales by Product in 2024
5.6.6 Energizer Power Inverter Sales by Application in 2024
5.6.7 Energizer Power Inverter Sales by Geographic Area in 2024
5.6.8 Energizer Recent Developments
5.7 Duracell
5.7.1 Duracell Company Information
5.7.2 Duracell Description, Business Overview
5.7.3 Duracell Power Inverter Products Offered
5.7.4 Duracell Power Inverter Sales, Revenue and Gross Margin (2020-2025)
5.7.5 Duracell Power Inverter Sales by Product in 2024
5.7.6 Duracell Power Inverter Sales by Application in 2024
5.7.7 Duracell Power Inverter Sales by Geographic Area in 2024
5.7.8 Duracell Recent Developments
5.8 Meind
5.8.1 Meind Company Information
5.8.2 Meind Description, Business Overview
5.8.3 Meind Power Inverter Products Offered
5.8.4 Meind Power Inverter Sales, Revenue and Gross Margin (2020-2025)
5.8.5 Meind Power Inverter Sales by Product in 2024
5.8.6 Meind Power Inverter Sales by Application in 2024
5.8.7 Meind Power Inverter Sales by Geographic Area in 2024
5.8.8 Meind Recent Developments
5.9 Stanley
5.9.1 Stanley Company Information
5.9.2 Stanley Description, Business Overview
5.9.3 Stanley Power Inverter Products Offered
5.9.4 Stanley Power Inverter Sales, Revenue and Gross Margin (2020-2025)
5.9.5 Stanley Power Inverter Sales by Product in 2024
5.9.6 Stanley Power Inverter Sales by Application in 2024
5.9.7 Stanley Power Inverter Sales by Geographic Area in 2024
5.9.8 Stanley Recent Developments
5.10 Exeltech
5.10.1 Exeltech Company Information
5.10.2 Exeltech Description, Business Overview
5.10.3 Exeltech Power Inverter Products Offered
5.10.4 Exeltech Power Inverter Sales, Revenue and Gross Margin (2020-2025)
5.10.5 Exeltech Power Inverter Sales by Product in 2024
5.10.6 Exeltech Power Inverter Sales by Application in 2024
5.10.7 Exeltech Power Inverter Sales by Geographic Area in 2024
5.10.8 Exeltech Recent Developments
5.11 Cotek
5.11.1 Cotek Company Information
5.11.2 Cotek Description, Business Overview
5.11.3 Cotek Power Inverter Products Offered
5.11.4 Cotek Power Inverter Sales, Revenue and Gross Margin (2020-2025)
5.11.5 Cotek Power Inverter Sales by Product in 2024
5.11.6 Cotek Power Inverter Sales by Application in 2024
5.11.7 Cotek Power Inverter Sales by Geographic Area in 2024
5.11.8 Cotek Recent Developments
5.12 Samlex
5.12.1 Samlex Company Information
5.12.2 Samlex Description, Business Overview
5.12.3 Samlex Power Inverter Products Offered
5.12.4 Samlex Power Inverter Sales, Revenue and Gross Margin (2020-2025)
5.12.5 Samlex Power Inverter Sales by Product in 2024
5.12.6 Samlex Power Inverter Sales by Application in 2024
5.12.7 Samlex Power Inverter Sales by Geographic Area in 2024
5.12.8 Samlex Recent Developments
5.13 Power Bright
5.13.1 Power Bright Company Information
5.13.2 Power Bright Description, Business Overview
5.13.3 Power Bright Power Inverter Products Offered
5.13.4 Power Bright Power Inverter Sales, Revenue and Gross Margin (2020-2025)
5.13.5 Power Bright Power Inverter Sales by Product in 2024
5.13.6 Power Bright Power Inverter Sales by Application in 2024
5.13.7 Power Bright Power Inverter Sales by Geographic Area in 2024
5.13.8 Power Bright Recent Developments
5.14 Go Power
5.14.1 Go Power Company Information
5.14.2 Go Power Description, Business Overview
5.14.3 Go Power Power Inverter Products Offered
5.14.4 Go Power Power Inverter Sales, Revenue and Gross Margin (2020-2025)
5.14.5 Go Power Power Inverter Sales by Product in 2024
5.14.6 Go Power Power Inverter Sales by Application in 2024
5.14.7 Go Power Power Inverter Sales by Geographic Area in 2024
5.14.8 Go Power Recent Developments
5.15 Wagan Tech
5.15.1 Wagan Tech Company Information
5.15.2 Wagan Tech Description, Business Overview
5.15.3 Wagan Tech Power Inverter Products Offered
5.15.4 Wagan Tech Power Inverter Sales, Revenue and Gross Margin (2020-2025)
5.15.5 Wagan Tech Power Inverter Sales by Product in 2024
5.15.6 Wagan Tech Power Inverter Sales by Application in 2024
5.15.7 Wagan Tech Power Inverter Sales by Geographic Area in 2024
5.15.8 Wagan Tech Recent Developments
5.16 Magnum Energy
5.16.1 Magnum Energy Company Information
5.16.2 Magnum Energy Description, Business Overview
5.16.3 Magnum Energy Power Inverter Products Offered
5.16.4 Magnum Energy Power Inverter Sales, Revenue and Gross Margin (2020-2025)
5.16.5 Magnum Energy Power Inverter Sales by Product in 2024
5.16.6 Magnum Energy Power Inverter Sales by Application in 2024
5.16.7 Magnum Energy Power Inverter Sales by Geographic Area in 2024
5.16.8 Magnum Energy Recent Developments
5.17 WEHO
5.17.1 WEHO Company Information
5.17.2 WEHO Description, Business Overview
5.17.3 WEHO Power Inverter Products Offered
5.17.4 WEHO Power Inverter Sales, Revenue and Gross Margin (2020-2025)
5.17.5 WEHO Power Inverter Sales by Product in 2024
5.17.6 WEHO Power Inverter Sales by Application in 2024
5.17.7 WEHO Power Inverter Sales by Geographic Area in 2024
5.17.8 WEHO Recent Developments
5.18 Erayak
5.18.1 Erayak Company Information
5.18.2 Erayak Description, Business Overview
5.18.3 Erayak Power Inverter Products Offered
5.18.4 Erayak Power Inverter Sales, Revenue and Gross Margin (2020-2025)
5.18.5 Erayak Power Inverter Sales by Product in 2024
5.18.6 Erayak Power Inverter Sales by Application in 2024
5.18.7 Erayak Power Inverter Sales by Geographic Area in 2024
5.18.8 Erayak Recent Developments
6 North America
6.1 North America Power Inverter Market Size YoY Growth 2020-2031
6.2 North America Power Inverter Market Facts & Figures by Country
6.2.1 North America Power Inverter Sales by Country (2020-2031)
6.2.2 North America Power Inverter Revenue by Country (2020-2031)
6.3 North America Power Inverter Sales by Type (2020-2025)
6.4 North America Power Inverter Sales by Application (2020-2025)
7 Asia-Pacific
7.1 Asia-Pacific Power Inverter Market Size YoY Growth 2020-2031
7.2 Asia-Pacific Power Inverter Market Facts & Figures by Region
7.2.1 Asia-Pacific Power Inverter Sales by Region (2020-2031)
7.2.2 Asia-Pacific Power Inverter Revenue by Region (2020-2031)
7.3 Asia-Pacific Power Inverter Sales by Type (2020-2025)
7.4 Asia-Pacific Power Inverter Sales by Application (2020-2025)
8 Europe
8.1 Europe Power Inverter Market Size YoY Growth 2020-2031
8.2 Europe Power Inverter Market Facts & Figures by Country
8.2.1 Europe Power Inverter Sales by Country (2020-2031)
8.2.2 Europe Power Inverter Revenue by Country (2020-2031)
8.3 Europe Power Inverter Sales by Type (2020-2025)
8.4 Europe Power Inverter Sales by Application (2020-2025)
9 Latin America
9.1 Latin America Power Inverter Market Size YoY Growth 2020-2031
9.2 Latin America Power Inverter Market Facts & Figures by Country
9.2.1 Latin America Power Inverter Sales by Country (2020-2031)
9.2.2 Latin America Power Inverter Revenue by Country (2020-2031)
9.3 Latin America Power Inverter Sales by Type (2020-2025)
9.4 Latin America Power Inverter Sales by Application (2020-2025)
10 Middle East and Africa
10.1 Latin America Power Inverter Market Size YoY Growth 2020-2031
10.2 Middle East and Africa Power Inverter Market Facts & Figures by Country
10.2.1 Middle East and Africa Power Inverter Sales by Country (2020-2031)
10.2.2 Middle East and Africa Power Inverter Revenue by Country (2020-2031)
10.3 Middle East and Africa Power Inverter Sales by Type (2020-2025)
10.4 Middle East and Africa Power Inverter Sales by Application (2020-2025)
11 Supply Chain and Sales Channel analysis
11.1 Power Inverter Supply Chain Analysis
11.2 Power Inverter Key Raw Materials and Upstream Suppliers
11.3 Power Inverter Clients Analysis
11.4 Power Inverter Sales Channel and Sales Model Analysis
11.4.1 Power Inverter Distribution Channel Analysis: Indirect Sales VS Direct Sales
11.4.2 Power Inverter Distribution Channel Analysis: Online Sales VS Offline Sales
11.4.3 Power Inverter Distributors
12 Power Inverter Market Dynamics
12.1 Power Inverter Industry Trends
12.2 Power Inverter Market Drivers
12.3 Power Inverter Market Challenges
12.4 Power Inverter Market Restraints
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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Published: 2024-04-16
Pages: 170
A power inverter, or inverter, is an electronic device or circuitry that changes direct current (DC) to alternating current (AC). This Report is aimed at the portable power inverter market. This report mainly covers non-embedded inverters – largely for the lower-end 12/24/48V devices that would be used to invert DC to AC for power tools, appliances, TVs, computers, etc., and the inverter/charger market in the same sort of categories.
Published: 2024-04-07
Pages: 117
REPORT COVERAGE
DESCRIPTION
OVERVIEW
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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